Chinese CNOOC Will Search for Oil and Gas in Mozambique
The Chinese state oil company, specializing in offshore drilling and production, signed concessions with the Mozambique authorities for 5 offshore blocks at once. The Chinese offshore CNOOC signed concession agreements with the authorities of Mozambique for the exploration and production of oil in five offshore blocks with an area of …
ADNOC Will Buy 10% of Galp’s Shares in the Zone 4 Concession in Mozambique
Abu Dhabi’s national oil company ADNOC has agreed to acquire a 10% stake in Portugal’s Galp Energia’s Zone 4 concession in the gas-rich Rovuma Basin in Mozambique. The Zone 4 concession is located offshore Cabo Delgado Province in northern Mozambique and is managed by Mozambique Rovuma Venture (70%), owned by …
A Company From China Received Licenses to Search For Oil&Gas on the Mozambique Shelf
The licenses provide for CNOOC to carry out geological exploration work in these areas, which includes, among other things, obtaining 3D seismic data from an area of 26 thousand square meters. km and drilling of at least four exploration wells Licenses for oil and gas exploration in five areas on …
Russia’s Rosneft Plans to Open Mozambique Office – Diplomat
Rosneft is preparing to open an office in Mozambique, a senior Mozambican diplomat said, a further sign that the Russian oil major is eyeing oil and gas deals in Africa. Mozambique’s Ambassador to Russia Mario Saraiva Ngwenya also told Reuters that Mozambique expected to sign by the end of the …
Rosneft Delegation Led Negotiations in Mozambique
As a follow-up of agreements of 22 April 2014 established during the meeting of Rosneft President Igor Sechin and Minister for Foreign Affairs and Co-operation of the Republic of Mozambique Oldemiro Julio Marques Baloi, Rosneft delegation consisting of a number of field-oriented top managers undertook a working visit to the …